This property is no longer on the market
Property
Property description & features
TO LET
36 SQ M (388 SQ FT)
• Hot food takeaway use
• No rates payable
• Affordable rent
• Equipment in place
• Security shutters
LOCATION
The property is located near the junction of Waverly Park on the south side of Spring Gardens between the junctions of Waverly Park and Milton Street. Spring Gardens continues east on to Royal Park Terrace and follows on to Holyrood Park and Arthur’s Seat, whilst Abbeyhill, The Royal Mile and the Scottish Parliament are just off the west side of the street.
The area is a short walk from popular tourist destinations such as Holyrood Palace and the Royal Mile and it is only a 15-minute walk to Edinburgh's principle retail shops on George Street and Princes Street.
The immediate area offers a range of excellent amenities including Meadowbank Shopping Park, where you have Sainsbury’s, B&M, M&S and other national companies. There is a number of bars and coffee shops on nearby London Road and Easter Road.
The area benefits from excellent transport links with regular bus links serving the city centre. In addition, Waverley train station is only a short distance from this location. The nearest tram stop is at York Place.
DESCRIPTION
The subjects comprise a Class 3 hot food takeaway single windowed unit configured over ground floor, forming part of a stone-built tenement, protected by roller shutters.
Internally, the subjects comprise of a front shop waiting service area for takeaway style business. The back-shop area is the kitchen/cooking area, ideal for preparing takeaway food for customers or deliveries, the kitchen is fitted with stainless steel equipment, fridges, sinks, cookers etc…. The WC is located to the rear left of the property.
The unit would suit a range of food occupiers/cuisines and has a large residential population all around the vicinity including lots of student housing.
ACCOMMODATION
According to our recent measurement survey the premises contain the following approximate net internal area:
Ground floor: 36 SQ M (388 SQ FT)
RENT
The landlord is willing to grant a new FRI lease for a minimum 5-year term.
£10,000 per annum.
PREMIUM PRICE
We are looking for a premium of £7,000.
RATEABLE VALUE
According to the Scottish Assessor’s website () the subjects have a Rateable Value of £6,500. The uniform business rate for the current year is £0.49 pence in the pound.
Occupiers may be eligible for rates relief through the small business bonus scheme if the combined rateable value of all their business premises in Scotland is £35,000 or less.
UTILTIES
The premises are served by mains electricity, gas and water.
ENERGY PERFORMANCE CERTIFICATE
The Energy Performance Certificate rating is pending.
A copy of the recommendation report is available on request.
LEGAL COSTS
Each party shall bear their own legal costs in the with the eventual tenant liable for any Registration Dues or LBTT thereon.
ENTRY
Upon completion of a formal missive under Scots Law.
VIEWING AND FURTHER INFORMATION
By appointment through the sole letting agent, Ime DJK Group Ltd
Property information from this agent
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Broadband availability and predicted speed
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Super-fast: Between 30 Mbit/s and 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on April 13, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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